• E-mail
• Print
• Comment
• Font Size
• Digg
• del.icio.us
• Discuss article

Custom Credit Systems Expands to New Markets, Experiences Strong Growth

Posted on: Tuesday, 7 April 2009, 07:00 CDT

Tier-one financial provider expands focus to regional, community banks, helps streamline processes in tight economy

RICHARDSON, Texas, April 7 /PRNewswire/ -- Custom Credit Systems (CCS), a provider of integrated, end-to-end, credit processing and maintenance systems for small business and commercial loan processing, today announced that it has expanded its offerings to regional and community banks. Several of the nation's top ten banks and other tier-one institutions have long relied on CCS and its CustomLender(R) product suite to streamline their operations while helping them provide better customer service. Now, this same solution is scaled for mid-tier financial institutions to manage any loan - from the simplest small business loans to the largest commercial loans - with power and flexibility.

CCS' products and services have increased steadily among tier-one banks, with an annual average growth rate of 11 percent. The company experienced its best year in 2008, with revenue growth of 42 percent as it began to meet the needs of regional financial institutions. January 2009 was CCS' best month on record and looking forward, company officials anticipate growth at a record pace this year.

"Today's economic conditions mirror those of 20 years ago when our company was founded, and it is times like these that banks realize the importance of a more streamlined, end-to-end environment," said CCS president and CEO Brian Shaw. "There are many conservatively run banks that have the opportunity to propel themselves into recovery, and even great success with the right business strategy. Our goal is to help them with this endeavor by providing a platform that is completely configurable to meet their individual needs."

CCS offers a true end-to-end solution that satisfies all aspects of commercial and small business lending with ease, efficiency and one-step processing. The company was built by bankers, for bankers; enabling it to identify and meet all financial institutions' unique needs with its comprehensive suite of credit processing and maintenance modules.

"We have a strong, strategic plan for expansion that will enable all financial institutions to leverage our comprehensive yet flexible technology while still maintaining an exceptional level of service for their customers," Shaw added.

About Custom Credit Systems

Custom Credit Systems is a premier provider of integrated, end-to-end, straight through credit processing and credit maintenance systems, via its CustomLender(R) product suite and other specialty modules. Custom Credit Systems has supported the unique needs of the leading financial institutions in the United States for more than 19 years. Several top ten financial institutions in the United States use Custom Credit Systems products to streamline their operations, provide better customer service and enhance their return to shareholders. The company is also a leading innovator of technology to support the complex processing needs of the financial services industry.

For more information visit the company's Web site at www.customcreditsystems.com.

SOURCE Custom Credit Systems

Source: PR Newswire

More News in this Category